WATERBURY, Conn., February 16, 2010 – Webster Bank, the main subsidiary of Webster Financial Corporation (NYSE: WBS), announced that Kevin E. Flaherty has joined the company as senior vice president, commercial banking, middle market north, based in Hartford.
In his position, Flaherty is responsible for the development of new commercial business in northern Connecticut and western Massachusetts.
Flaherty joins Webster from Sovereign Bank, where he most recently served as market president, Connecticut and western Massachusetts. Flaherty has more than 30 years experience in Connecticut and western Massachusetts markets and previously served as senior vice president and director of BankBoston and as vice president for State Street Bank.
Flaherty earned a bachelor of arts (magna cum laude) and MBA from the University of Connecticut. He currently serves on the Boards of Directors of Connecticut Children’s Hospital Medical Center Foundation, the United Way of Central Connecticut and the Connecticut Children’s Fund. He has previously held leadership positions with the MetroHartford Alliance, the Economic Development Council and the Urban League.
About WebsterWebster Financial Corporation is the holding company for Webster Bank, National Association. With $17.7 billion in assets, Webster provides business and consumer banking, mortgage, financial planning, trust and investment services through 181 banking offices, 501 ATMs, telephone banking and the Internet. Webster Bank owns the asset-based lending firm Webster Business Credit Corporation, Center Capital Corporation, an equipment finance company headquartered in Farmington, Conn., and provides health savings account trustee and administrative services through HSA Bank, a division of Webster Bank. Member FDIC and equal housing lender. For more information about Webster, including past press releases and the latest annual report, visit the Webster website at http://www.websterbank.com/.SOURCE Webster Financial Corporation